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Thu 3 May 2001, 0:00 Aqua Online - Further Cautionary Announcement
Aqua Online Holdings Limited
  (Registration number 1971/05628/06)
  ("the company")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements dated 29 January 2001 and 17 March
2001, shareholders are advised that discussions relating to the company are
ongoing. The discussions may have a material effect on the price of the
company's securities. Accordingly, shareholders are advised to continue to
exercise caution in dealing in the company's securities until a full
announcement is made.
3 May 2001
Corporate adviser and co-sponsor to Aqua
  Corpcapital Corporate Finance
    (a sponsor registered with the
    JSE Securities Exchange South Africa)
Co-sponsor
  ABN-AMRO Securities (South Africa) (Pty) Ltd.
  Registration number 1995/001231/07
  Member of the JSE Securities Exchange South Africa

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